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1101 Lincoln Way, Ames, IA 50010

$140,000
: 3
BD
: 2
BA
: 1,103
SqFt

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Sold Price: $140,000
List Price: $149,900
Status: CLOSED
MLS#: 724803
Year Built: 1915
Closing Date: Dec 05, 2025
Bedrooms: 3
Bathrooms: 2
Living Area: 1,103
Lot Size: 7,320
Region: Ames

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Property Description

Huge investment opportunity with this home that is set along the Lincoln Way corridor just minutes to Iowa State University, Campustown, and Downtown Ames, this early-1900s home delivers space, location, and immediate income. A flexible 6-bed, 2-bath layout spans two levels and is currently fully leased to reliable, on-time tenants collect rent on day one. Everyday conveniences are close by groceries, cafés, CyRide stops, and major routes with quick access to US-30/I-35 for an easy drive to Iowa State Fair events in Des Moines. Classic 1915 character, a high-visibility address, and proven rental demand make this a strong long-term hold. All information obtained from seller and public records.

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Additional Information

Street Name: Lincoln Way
Agent Id: 507950
Water: Public
Sewer: Public Sewer
Roof: Asphalt, Shingle
Zip: 50010
Region: Ames
Style: Ranch
City: Ames
Acres: 0.17
School District: Ames
Zoning: Res